Hebei Province-based HBIS Company Limited - the listed subsidiary of major Chinese steelmaker Hebei Iron and Steel Group, has stated that it expects that its net profit in the first nine months this year will amount to RMB 2.3-2.4 billion ($0.36-0.37 billion), up by 98.23-106.85 percent year on year.
$1 = RMB 6.4386